Financial and Actuarial Mathematics
LithuaniaCourse at a Glance
- MasterDegree level
- 1.5 yearsDuration
- LithuaniaLocation
- Mathematical ScienceField of study
- EnglishLanguage of instruction
- Master in Mathematical ScienceAwards
- €6,000Fees
- Ask our teamScholarship
About this programme
Award: Master in Mathematical Science. Level: Master. Credits: 90 ECTS. Duration: 1.5 years (90 ECTS ). Mode: Postgraduate, full-time. Language of instruction: English. Location: Lithuania. Intake: Apply now! Fall semester 2026/27 Application period has ended. Tuition: EUR 6000 per year. English requirement: English IELTS Academic 6.5+, Cambridge English Exam 176+, Duolingo English Test 120+, LanguageCert IESOL B2, Oxford ELLT 7+, Password Skills Plus 6.5+, Pearson PTE Academic 59+, TOEFL iBT 81+ or another language proficiency certificate equivalent to B2 CEFR (Common European Framework of Reference for Languages). If your first language is English and/or if your previous educational degree was in English, you will be exempt from providing an English language test score..
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High-profile education in financial and actuarial mathematics with an emphasis on the theoretical foundation of various methods and techniques of probability theory, stochastic analysis, risk theory, and related fields. Graduates of the programme are qualified to analyze and solve problems in theoretical models of finance and insurance, with the implementation of obtained solutions in practice.
Is this course right for you?
Our counsellors check your profile against this programme's entry criteria and tell you where you stand — before you pay anything.
What we look at
- Your subject background and grades
- Your English score, or how to get one
- Budget, including living costs
University & programme
Lithuania- Empire Overseas Education verified programmeChecked with the university before it was listed.
- English requirementIELTS Overall 6.5
- Study modePostgraduate, full-time
Admissions checklist
Specific entry criteria for this programme are confirmed case by case. Our Empire Overseas Education admissions team will review your academic record, English scores and budget — free of charge — and tell you exactly where you stand.
The usual set for this level. Your counsellor confirms the exact list for this university.
- Academic transcripts
- English test score (IELTS/TOEFL)
- Passport copy
- Statement of purpose (optional)
- Recommendation letters (optional)
Cost & scholarships
- Tuition€6,000 EUR / year≈ $6,522 / year
- Living costsVary by city — see the destination guide.
Application timeline
Typical timings. Deadlines differ per university and intake.
- 1Prepare documents1–2 weeks
- 2Submit application1–3 weeks
- 3Receive offer letter2–6 weeks
- 4Apply for visa4–8 weeks
Visa & support journey
- Offer letterFrom the university
- Visa guidanceExpert support
- Pre-departureAccommodation & travel
- Ongoing supportEven after you arrive
Student stories
Real students. Real results.
- Average rating
- 4.9
- Google reviews
- 360+
- Rated five stars
- 95%
Average rating
Google reviews
Rated five stars
“I would like to express my gratitude for the excellent assistance provided during my student visa process. The team was responsive, knowledgeable, and supportive at every stage, from document preparation to submission guidance. Their clear communication and professional approach made the process much easier and more efficient.”
1 / 8
Nihad K, 5 out of 5 stars
Every review below is a real Google review — see all of them
Frequently asked questions
How much does Financial and Actuarial Mathematics cost?
EUR 6,000 / year.
What English score does it need?
IELTS 6.5 overall is the score listed for this programme.
How long is it?
1.5 years, as listed by the university.
Ready to apply?
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